StockNews.com Upgrades Seaboard (NYSEAMERICAN:SEB) to “Buy”

Seaboard (NYSEAMERICAN:SEB) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Separately, TheStreet lowered shares of Seaboard from a “b” rating to a “c+” rating in a research report on Thursday, February 15th.

Seaboard Price Performance

NYSEAMERICAN SEB opened at $3,220.01 on Friday. Seaboard has a 52-week low of $3,048.01 and a 52-week high of $3,942.64. The stock has a market cap of $3.12 billion, a P/E ratio of 13.38 and a beta of 0.38. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.54 and a quick ratio of 1.42.

Seaboard (NYSEAMERICAN:SEB) last issued its earnings results on Tuesday, February 13th. The company reported $64.67 earnings per share (EPS) for the quarter. Seaboard had a return on equity of 5.41% and a net margin of 2.85%. The business had revenue of $2.28 billion during the quarter.

Institutional Trading of Seaboard

A number of institutional investors have recently bought and sold shares of the company. Legato Capital Management LLC boosted its position in shares of Seaboard by 0.7% in the 4th quarter. Legato Capital Management LLC now owns 542 shares of the company’s stock worth $1,935,000 after buying an additional 4 shares in the last quarter. Bfsg LLC lifted its holdings in shares of Seaboard by 3.8% in the fourth quarter. Bfsg LLC now owns 110 shares of the company’s stock valued at $393,000 after purchasing an additional 4 shares in the last quarter. Dean Capital Management increased its stake in shares of Seaboard by 0.7% during the 4th quarter. Dean Capital Management now owns 542 shares of the company’s stock worth $1,935,000 after purchasing an additional 4 shares in the last quarter. Pzena Investment Management LLC raised its position in shares of Seaboard by 6.8% during the 3rd quarter. Pzena Investment Management LLC now owns 78 shares of the company’s stock worth $293,000 after purchasing an additional 5 shares during the last quarter. Finally, Swiss National Bank lifted its stake in Seaboard by 0.9% in the 3rd quarter. Swiss National Bank now owns 638 shares of the company’s stock valued at $2,394,000 after buying an additional 6 shares in the last quarter. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

About Seaboard

Seaboard Corporation, together with its subsidiaries, operates as an agricultural and ocean transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells pork products to further processors, food service operators, grocery stores, and distributors; hogs; and biodiesel.